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Best Exchange Rates

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CAD to MXN - Compare Exchange Rates

Canadian Dollar to Mexican Peso - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

Compare CAD/MXN Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from CAD to MXN. The total costs are calculated against the latest mid-market rate.

Foreign Transfer Providers
Ratings & Reviews
Receive MXN($)Exchange RateFee CADTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
142,900 MXN
Best Overall
14.290^1.95%Bank Transfers - Online & Phone1-2 days
 
WorldFirst logo
145,200 MXN
2,300 MXN
14.5200.37%Bank Transfers - Online & Phone1-2 days
HSBC logo
139,890 MXN
3,010 MXN
14.01$154.02%Online, Branch, Bank Transfers2-3 days
Coast Capital Savings logo
138,897 MXN
4,003 MXN
14.03$1004.7%Online, Branch, Bank Transfers2-3 days
TD Canada Trust logo
138,798 MXN
4,102 MXN
14.02$1004.76%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo
138,719 MXN
4,181 MXN
13.99154.82%Online, Branch, Bank Transfers2-3 days
Scotiabank logo
138,699 MXN
4,201 MXN
14.01$1004.83%Online, Branch, Bank Transfers2-3 days
 
Royal Bank of Canada logo
137,313 MXN
5,587 MXN
13.87$1005.78%Online, Branch, Bank Transfers2-3 days
 
OFX: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for smaller transfers)
Exchange Rate:14.29 (1.95% from mid-rate)
MXN amount:142,900 MXN
Total Cost:1.95%
Time:
Rate Fetched: Sat Feb 23 2019 10:04:59 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
WorldFirst: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:
Exchange Rate:14.52 (0.37% from mid-rate)
MXN amount:145,200 MXN
Total Cost:0.37%
Difference:
2,300 MXN more than using OFX
Time:12:14 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
HSBC: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:$15 CAD (.15%)
Exchange Rate:14.01 (3.87% from mid-rate)
MXN amount:139,890 MXN
Total Cost:4.02%
Difference:
3,010 MXN less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Coast Capital Savings: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:14.03 (3.73% from mid-rate)
MXN amount:138,897 MXN
Total Cost:4.7%
Difference:
4,003 MXN less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
TD Canada Trust: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:14.02 (3.8% from mid-rate)
MXN amount:138,798 MXN
Total Cost:4.76%
Difference:
4,102 MXN less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Coast Capital Savings logo Scotiabank logo Royal Bank of Canada logo HSBC logo TD Canada Trust logo

Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:15
Exchange Rate:13.85 (4.97% from mid-rate)
MXN amount:138,719 MXN
Total Cost:4.82%
Difference:
4,181 MXN less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Scotiabank: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:14.01 (3.87% from mid-rate)
MXN amount:138,699 MXN
Total Cost:4.83%
Difference:
4,201 MXN less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Royal Bank of Canada: Foreign Transfer CAD→MXN
CAD amount:$10,000 CAD
Fee:$100 CAD (1%)
Exchange Rate:13.87 (4.83% from mid-rate)
MXN amount:137,313 MXN
Total Cost:5.78%
Difference:
5,587 MXN less than using OFX
Time:12:14 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

The below table shows a snapshot of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money Providers
Ratings & Reviews
Amount MXN($)Exchange RateFee CADTotal CostCurrency ServicesDelivery/CollectDeal Links
 
Travelex Online CA logo
14,060 MXN
Best Overall
14.06$03.53%Online order, Branch pickup, Home delivery2-3 days
 
Royal Bank of Canada logo
13,750 MXN
310 MXN
13.7505.65%Branch-
TD Canada Trust logo
13,610 MXN
450 MXN
13.6106.61%Branch-
Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo
13,576 MXN
484 MXN
13.67$106.85%Branch-
Scotiabank logo
13,367 MXN
693 MXN
13.64$208.28%Branch-
Travelex Online CA: Travel Money CAD→MXN
CAD amount:$1,000 CAD
Fee:$0 - No fees for Debit & Credit Cards
Exchange Rate:14.06 (3.53% from mid-rate)
MXN amount:14,060 MXN
Total Cost:3.53%
Time:
Rate Fetched: 12:14 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Royal Bank of Canada: Travel Money CAD→MXN
CAD amount:$1,000 CAD
Fee:
Exchange Rate:13.75 (5.66% from mid-rate)
MXN amount:13,750 MXN
Total Cost:5.65%
Time:12:14 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
TD Canada Trust: Travel Money CAD→MXN
CAD amount:$1,000 CAD
Fee:
Exchange Rate:13.61 (6.62% from mid-rate)
MXN amount:13,610 MXN
Total Cost:6.61%
Time:12:14 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Banks - Average Rate
Scotiabank logo Royal Bank of Canada logo TD Canada Trust logo

Travel Money CAD→MXN
CAD amount:$1,000 CAD
Fee:$10 CAD (1%)
Exchange Rate:12.75 (12.52% from mid-rate)
MXN amount:13,576 MXN
Total Cost:6.85%
Currency Services:Branch
Delivery/Collect:-
Scotiabank: Travel Money CAD→MXN
CAD amount:$1,000 CAD
Fee:$20 CAD (Minimum fee)
Exchange Rate:13.64 (6.41% from mid-rate)
MXN amount:13,367 MXN
Total Cost:8.28%
Time:12:14 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in Canada with FINTRAC. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

CAD to MXN mid-rate = 14.5773

Right now the CAD/MXN market mid-rate is 14.5773 and represents ideally how many Mexican Peso you can get for one Canadian Dollar.

This CAD/MXN Converter calculates equivalent Canadian Dollar to Mexican Peso amounts at the market mid-rate:

CAD / MXN mid-rate converter


$CAD


$MXN
1 Canadian Dollar equals
14.5773 Mexican Peso

Compare how much you can save on
CAD/MXN exchange rates for:

Foreign Transfers Travel Cash/Cards

 
 
1 Week CAD to MXN Chart
Loading CAD/MXN rates

Canadian Dollar

Mexican Peso

1 CAD 14.58 MXN
5 CAD 72.89 MXN
10 CAD 145.77 MXN
20 CAD 291.55 MXN
50 CAD 728.87 MXN
100 CAD 1,457.73 MXN
250 CAD 3,644.33 MXN
500 CAD 7,288.65 MXN
1,000 CAD 14,577.30 MXN
2,000 CAD 29,154.60 MXN
5,000 CAD 72,886.50 MXN
10,000 CAD 145,773.00 MXN
50,000 CAD 728,865.00 MXN
100,000 CAD 1,457,730.00 MXN
See more

Canadian Dollar

Mexican Peso

0.0686 CAD 1 MXN
0.3430 CAD 5 MXN
0.6860 CAD 10 MXN
1.3720 CAD 20 MXN
3.4300 CAD 50 MXN
6.8600 CAD 100 MXN
17.15 CAD 250 MXN
34.30 CAD 500 MXN
68.60 CAD 1,000 MXN
137.20 CAD 2,000 MXN
343.00 CAD 5,000 MXN
686.00 CAD 10,000 MXN
3,430.00 CAD 50,000 MXN
6,860.00 CAD 100,000 MXN
See more

MXN Country Guides
MexicoMexico

Canadian Dollar to Mexican Peso (CAD-MXN) - 10 Year History

The below table shows the historic variation in the CAD/MXN exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of CAD versus other currencies : CAD historical charts.

DateExchange RatePeriodChange
22 Feb 201914.5171Latest
15 Feb 201914.52781 Week-0.07%
23 Jan 201914.26491 Month+1.77%
26 Aug 201814.43816 Months+0.55%
22 Feb 201814.64261 Year-0.86%
22 Feb 201715.12042 Years-3.99%
23 Feb 201411.93555 Years+21.63%
24 Feb 200911.927710 Years+21.71%

Why can't I just get the CAD/MXN market rate I see on Google or in the Media?

The CAD/MXN mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the CAD / MXN was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market CAD/MXN midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good CAD to MXN exchange rate

  1. Know the latest CAD/MXN market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Canadian Dollar and Mexican Peso

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the CAD vs MXN, you should pay attention to both Canadian Dollar and Mexican Peso news and forecasts.

Canadian Dollar (CAD) - Market news and forecasts

7-February-19: January was a fantastic month for the Canadian dollar. A gain of 4 percent relative to the US dollar took USD/CAD away from 19-month highs near C$1.365 into the low C$1.31s.

A recovery in the oil market has played a big part in the loonie’s 2019 recovery. By the time of this report, oil had gained nearly $12 per barrel, or 23 percent, on 2018 lows. The price of oil remains vital to Canada’s economy; it had fallen by as much as 40 percent in the October-December period.

Going forward, risks to the Canadian dollar include, of course, oil, and the return of global trade tensions.

Towards the end of 2018, Goldman Sachs predicted a strong energy market rebound in 2019 — more so than has already been realised — and this would underpin Canada’s currency.

In February, Westpac reaffirmed its view that the Canadian dollar would be an outperformer in 2019. Canada’s growth picture is more secure than those of the eurozone, UK or Australia, Westpac believes, and as a result, the Bank of Canada will be more hawkish this year relative to other G10 central banks, driving CAD appreciation.

Mexican Peso (MXN) - Market news and forecasts

12-February-2019: The December-January period was an excellent one for the Mexican peso as it strengthened by nearly 7 percent into the low 19s per USD. Traders began piling into pesos after USD/MXN failed multiple times in the fourth quarter ’18 to break meaningfully through important resistance at 20.5-20.6.

From here on in, the peso stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the peso had most to gain because of its sensitivity to the oil price, which ING says has significant upside this year.

Also supporting the peso in 2019 will be a slower pace of Federal Reserve interest rate hikes. Under such conditions the dollar will weaken, and emerging market currencies should gain value as a result because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.

Currency News and Forecasts - Canadian Dollar

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